Review your financial progress regularly from "summary" of The Automatic Millionaire Workbook by David Bach
Regularly reviewing your financial progress is a key habit of successful people who are able to build wealth over time. By taking the time to assess where you stand financially on a regular basis, you can make adjustments to your financial plan as needed and stay on track to reach your goals. When you review your financial progress regularly, you are able to see how your financial situation is changing over time. This allows you to identify any areas where you may be overspending, not saving enough, or not investing wisely. By catching these issues early on, you can make the necessary corrections before they become bigger problems. Regular financial check-ins also help you to stay motivate...
Similar Posts
Get comfortable with money conversations
Talking about money can be uncomfortable for many people. We've been taught that it's impolite to discuss money, and that it's ...
Stay true to your values in all financial decisions
In every moment, we have the opportunity to align our financial decisions with our deepest values. When we stay true to what tr...
Live below your means
The idea of living below your means is a simple one, but it is also a powerful one. It means spending less money than you earn....
Corporate governance affects decisionmaking
Corporate governance plays a critical role in shaping the decision-making process within a company. The structure and effective...
Money stories shape our financial beliefs
Our financial beliefs are not formed in a vacuum. They are shaped by the stories we hear and experience about money. These stor...
Take risks to achieve financial independence
Taking risks is a fundamental aspect of achieving financial independence. This means being willing to step outside of one’s com...
Financial literacy is crucial for longterm success
Financial literacy is crucial for long-term success. It is the foundation upon which wealth is built. Without a solid understan...
Understanding the difference between needs and wants is important for financial planning
To make wise decisions about our finances, we must first grapple with the elemental distinction between needs and wants. This m...
Face your fears and uncertainties about money
Money can be a source of fear and anxiety for many people. It's common to have uncertainties about our financial situation, esp...
Smart people make mistakes with money
Smart people, despite their intelligence and knowledge in other areas, often make mistakes when it comes to managing their mone...